Yearly Archives: 2015


Housing Counts 2014 Data Set Released

Since 2002, the Family Housing Fund and HousingLink have published the Housing Counts data set to provide housing leaders and other stakeholders an accurate and consistent way of tracking affordable housing (rental and homeownership) production and preservation in the seven-county Twin Cities region. Starting with 2002, the Housing Counts report includes an annual accounting of Minneapolis and Saint Paul affordable housing projects for which funding closed in the given year. Starting in 2004, affordable housing housing production and preservation is tracked for the balance of the seven-county Twin Cities metropolitan area. Please note that developments that are designed specifically to serve seniors are indicated with an asterisk in the reports.

Each year, the list of projects identifies how many affordable units are planned/preserved at three levels of affordability—30 percent, 50 percent, and 60 percent of the area median income (AMI). This corresponds with affordability restrictions required by certain funding streams and allows for a more detailed tracking of who is being served by the units. Limiting the report to projects targeted at these AMI levels provides the clearest sense of the housing options available to households at the lowest levels of income. As a result, units targeted at households earning 80 to 120 percent of AMI have not been included, although we recognize that these units are a critical resource for low income and working families.

It is important to recognize that when tracking new production and/or preservation of affordable housing, there are several points in time when a unit could be “counted.” HousingLink and the Family Housing Fund have chosen to count units in the year their funding first closes for two primary reasons. First, when the financing closes, one can be reasonably assured that the project will come to fruition. If we counted units when the funding was first committed, projects are still at relatively high risk for unforeseen circumstances, cancellation, or significant changes to the scope of a deal. Second, counting at funding closing “gives credit when credit is due,” since it is the closest point in time to when decision-makers commit to the project moving forward. If we waited to count the units when construction of the project is completed or the building is occupied, it could be a year, two years, or even more after closing.

Only developments with public and/or private capital funding that includes affordability obligations are listed. It is important to note that rental assistance to renters and financial assistance to home buyers are not tracked. Furthermore, ownership units are counted only when there is capital and/or value gap financing involved rather than as a result of affordability gap financing. Please note that shelter beds are not included in the charts and tables. While providing emergency shelter is an important part of addressing homelessness in our community, shelter beds are neither “units” nor a lasting housing solution for low-income individuals and families.

The report tables also divide the projects into three main categories: new production of rental units, new production of homeownership units, and preservation/stabilization of existing rental units. Properties included on the preservation/stabilization list are those that were especially at risk of being lost due to major deterioration, financial crisis, or conversion to market-rate rents. It is important to note that this list does not include the essential routine capital improvements that also contribute to the ongoing viability of properties.

Furthermore, readers should bear in mind that the need for preservation of existing properties varies considerably from year to year. Factors that affect the timing of resources needed for this purpose include the age and condition of properties, the expiration date of use restrictions, the assembly of stabilization packages by multiple funders, etc. Any given year’s preservation activity is no indication of past or future commitments.

Finally, to provide a sense of the overall state of affordable housing throughout the seven-county metropolitan area, Housing Counts also includes the following two statistics:

  • The number of demolition permits issued each year in Saint Paul and Minneapolis. This number is included to give some context to the production numbers because real progress can only be tracked in relation to the number of units lost. However, it is vital to note that the demolition number comes from demolition permit issues only; because of this, the actual number of units lost, the affordability level, and the condition of these lost units is unknown. While some of the units lost to demolition are affordable units, some may have been substandard or vacant, and others market-rate. It is an imperfect measure, but we felt it was important to report demolitions in order to maintain the visibility of this important counterforce to affordable housing development.
  • A summary of the units converted to market-rate in the suburbs. As with the demolition permit count, this number gives context to the current state of affordable housing. The conversion of these units from affordable to market-rate has a significant effect on the overall supply of affordable units in the metropolitan area.

View Housing Counts 2014

View Housing Counts 2013 (Updated) – Housing Counts 2013 (published November 2014) mistakenly omitted a suburban rental project, it has been corrected for in this updated Housing Counts 2013 and the correction carries forward to Housing Counts 2014.

View Housing Counts Compilation 2002-2014 

December 18th, 2015|Data, Report|

Family Housing Fund Names Ellen Sahli as President (Press Release)

Chicago housing leader to head Twin Cities housing intermediary

Minneapolis, MN | November 20, 2015 – The Family Housing Fund (FHFund) is excited to announce the appointment of its new president, Ellen Sahli. Sahli, who will join the organization on November 30, brings more than 25 years of experience in housing, community development, and social services to the Twin Cities organization.

As a housing intermediary, funder, convener, facilitator, and educator, FHFund’s work is wide-ranging. “Ellen brings the necessary experience in the affordable housing system, finance, place-making, and collaboration needed to lead the Family Housing Fund,” says FHFund Board Chair Maureen Warren. “Her knowledge, coupled with her creativity and energy, will be a real strength for us, as we implement our 2015-2019 Strategic Framework.”

Sahli joins the Family Housing Fund after serving as Chief Housing Officer at the Chicago Housing Authority. In addition to overseeing the operations that ensured quality affordable housing and social services, Sahli worked through public-private partnerships to achieve the Housing Authority’s strategic plan to transform Chicago’s public housing.

Prior to joining the Chicago Housing Authority, Sahli honed her place-making skills as Assistant Vice President at the University of Chicago Office of Civic Engagement. Sahli worked with neighbors and elected officials on new University projects and earned recognition from community organizations for collaborative efforts.

Sahli also brings important experience from city government to the FHFund. Prior to the her work at the University of Chicago, Sahli worked for the City of Chicago for 12 years, including serving as Chicago’s Department of Housing Commissioner, her tenure starting as the foreclosure crisis hit Chicago. Her leadership positioned Chicago as a national example of foreclosure remediation, securing the largest award of federal funds in the country and working collaboratively with nonprofit developers, neighborhood organizations, and teams of lenders.

Sahli also served as the lead for the City of Chicago’s Ten Year Plan to End Homelessness and played a leadership role in the exponential growth of the Chicago Low Income Housing Trust Fund, a locally funded rental subsidy program serving very low income Chicagoans.

Beginning her career in social services, working with homeless individuals, Sahli later moved to the Corporation for Supportive Housing, where she began to pursue systems level change to support the housing needs of Chicago’s residents. Trained as a social worker, Sahli says she “came to housing through people,” and that is what continues to motivate her work today. “I am excited to join an organization with such a strong reputation and entrepreneurial spirit,” said Sahli. “I look forward to building on the Family Housing Fund’s impressive history.”

Sahli succeeds Thomas Fulton who retired in August 2015, after serving as the President of the Family Housing Fund since its founding in 1980. Elizabeth Ryan, who served as Interim President during the transition, will return to her role as Vice President of the Family Housing Fund.

November 20th, 2015|Press Release|

2014 Annual Report to the Community

The Family Housing Fund is pleased to share it’s 2014 Annual Report to the Community. In 2014, the Family Housing Fund continued to pursue the vision that everyone has a home they can afford and from which they can prosper and contribute to the larger community. The Family Housing Fund’s work focused on providing flexible financing to preserve and produce housing opportunities for low-income and working families; aligning with efforts to serve families and communities; implementing system changes to increase the effectiveness, efficiency, and sustainability of the affordable housing and community development industries; and positively influencing the public will.

View the 2014 Annual Report Here

May 28th, 2015|Report|

One-Stop Partnership for Multifamily Housing

The Family Housing Fund is pleased to announce a new partnership with long time partners Center for Energy and Environment, Neighborhood Energy Connection, Minnesota Multi Housing Association, Greater Minnesota Housing Fund, and Elevate Energy. The FHFund has worked with these partners in the past, but the new One Stop Partnership for Multifamily Housing intends to take advantage of each partner’s strengths to lower utility bills in multifamily properties by developing a one-stop, easy-to-use energy-efficiency program tailored for the multifamily sector.

Angie Skildum, the Family Housing Fund’s Multifamily Policy and Portfolio Director, notes, “Starting today, this partnership allows each partner to immediately work smarter by benefiting from each other’s shared experience and relationships. By fostering even closer collaboration, our multifamily work together will be stronger than the sum of its parts. It’s a partnership born of necessity; from our perspective, an effort of this level without collaboration probably wouldn’t be sustainable over the long term for Minnesota’s families.”

Learn more about the One-Stop Partnership for Multifamily Housing at the Center for Energy and Environment.

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